Sustainability of Microfinance Institutions in Thailand

نویسندگان

چکیده

Microfinance programs play a vital role in poverty alleviation developing countries; however, most microfinance institutions (MFIs) face the challenge of maintaining financial sustainability. While several studies have investigated factors affecting MFI sustainability, only few focus on MFIs Thailand. This paper uses random effect model to study determinants Thai MFIs’ Results show that sustainability is affected by efficiency staff members managing borrowers and ability use their short-term assets generate cash or revenue. Moreover, do not benefit from economies scale reach very poor households. recommends should ensure social goals are adequately balanced. It proposes mixed approach: follow profit maximization principles embrace technology minimize operational costs.

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ژورنال

عنوان ژورنال: Asian journal of agriculture and development

سال: 2022

ISSN: ['1656-4383']

DOI: https://doi.org/10.37801/ajad2022.19.1.5